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Canadian bank to acquire 15 percent stake in KeyBank parent company
KeyCorp (NYSE: KEY), the Cleveland, Ohio–based parent company of KeyBank, on Monday morning announced that the Bank of Nova Scotia (Scotiabank) (TSX: BNS) (NYSE: BNS)
Tompkins Financial Advisors names new president
ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) announced it has appointed Eric Taylor as its new executive VP and president of its Tompkins Financial Advisors unit. In this role, Taylor leads Tompkins Financial Advisors, a holistic financial-services firm, to bring customized wealth management, financial planning, and trust services to individuals and businesses. He reports
AAA Western and Central New York selects new president and CEO
AMHERST, N.Y. — The board of directors of AAA Western and Central New York has chosen the organization’s next president and CEO. After a national
Community Bank names CNY market regional president
DeWITT, N.Y. — Community Bank N.A. announced it has promoted Lindsay Weichert to the role of regional president of the bank’s Central New York market in Syracuse. In her new position, Weichert is responsible for leading business development and community-engagement activities while ensuring effective communication across all bank and non-bank lines of business in the
Excellus opens new Utica regional office
UTICA, N.Y. — Excellus BlueCross BlueShield celebrated the opening of its new Utica regional employee office with a ribbon-cutting event with the Greater Utica Chamber of Commerce on July 31. The new space, located at 301 Wood Park Drive in Clinton, serves the health insurer’s more than 500 regional employees. “During the pandemic, the world
Ask Rusty: Why Aren’t I Exempt from Medicare Part B Premium?
Dear Rusty: Why, as I continue to work after age 65 and have FICA taxes taken from my check, am I (or anyone) also compelled
Chemung Financial profit slips more than 20 percent in second quarter
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, recently reported that its profit declined more than 20
State pension fund posts 11.5 percent return in fiscal year
ALBANY — The New York State Common Retirement Fund produced a return of 11.55 percent for the state fiscal year ending March 31, 2024. That’s
SUNY launches venture-capital fund for startups on a SUNY campus
SYRACUSE, N.Y. — SUNY officials on Monday announced the launch of Upstate Biotech Ventures, a “first-of-its-kind” venture-capital fund for startups and small businesses on a SUNY campus. Dr. Mantosh Dewan, president of Upstate Medical University, announced the fund during an afternoon ceremony at Upstate Medical’s CNY Biotech Accelerator at 841 E. Fayette St. in Syracuse.
Tioga State Bank to open Johnson City branch
JOHNSON CITY, N.Y. — Tioga State Bank (TSB) will open a new branch in Johnson City later this summer. It will be the bank’s fifth location in the greater Binghamton area, where it already has two branches in Binghamton, one in Vestal, and one in Endwell. “We are thrilled to open this office in the
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